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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (31305)10/25/2010 4:40:31 PM
From: Giordano Bruno  Read Replies (1) | Respond to of 71479
 
UPDATE: Greek PM Seeks Support For Measures To Avoid Default

online.wsj.com



To: Real Man who wrote (31305)10/25/2010 5:43:57 PM
From: ggersh  Read Replies (1) | Respond to of 71479
 
"Indeed, there is this article on Taylor rule requiring 4
Trillion new QE2, which will certainly be quite bubblicious
for gold and the stock market and destructive for the
economy if pursued by easy hilo Ben."

Is it possible that he announces an open ended policy i,e,
I'll just do whatever it takes? The higher it goes the
worse it is? The lower it is the worse it is?
At some point I keep asking myself doesn't it just
become useless, I'm insane as I keep coming up with
the same answer! -vbg-

"In the meantime, what US economy really needs is shock
therapy - real reforms altering it's structure. Very painful
reforms, I might add. At least, in the short run, with some
serious TL and EV. -ng-"

ROFL, ain't gonna happen, especially the TL part, but
pardon my ignorance, what's EV?-g-



To: Real Man who wrote (31305)10/27/2010 8:54:31 AM
From: carranza2  Read Replies (3) | Respond to of 71479
 
Chuck Butler of EverBank, an astute observer and prognosticator, also agrees with QE2 Lite but with a twist:

Here's what I think will happen next week, as I view all this from the cheap seats. The FOMC / Cartel will announce additional QE, but it will be a small amount, compared to what the markets are looking for. And this will cause a dollar rally, with a selloff of currencies and precious metals. But what we won't know, is that the FOMC is going to administer several of these "smaller amounts" as we go along, in their attempt to pull the wool over the markets' eyes. It will be like the death by a thousand cuts type of thing.

But once the markets figure out what's up the FOMC's sleeve, the dollar selling will return.

OK. that's just how I see it playing out. I could be wrong, and probably will be, for no one can figure these Fed Heads out!